Entrepreneurship

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Entreprenele

It’s meaning in French: “To undertake”

Joseph Schumpeter

He is an Austrian political economist, former Finance Minister of Austria, and the author of economic development

Mega-entrepreneurs

Individuals who risk a lot of money to establish a business

Micro-entrepreneurs

People who don’t risk a lot of money to establish a business.

Peter Drucker

He is an Austrian-American educator, economist, and an author of the book “Innovation & Entrepreneurship.”

Discovery

Detection of idea that could make money

Development of Concept

Construction of Business Plan

Organizing Resources

Raw materials, financial resources, and human resources

Implementation

Execution, that carries the plan out

Reaping the returns

Earning profits